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Author: Hohum777 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1693  
Subject: Re: Oct 2012 musing Date: 10/25/2012 7:21 PM
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That's very interesting.
Would that be FRO or the new Frontline 2012?

And speaking of Frontline 2012; who is Hemen Holding Ltd. ("Hemen") with a shareholding of approximately 51 percent of Frontline 2012?


Currently, that would FRO.
AFAIK Frontline 2012 does not have a chartering team in place. Their vessels are commercially
managed by FRO. My guess is eventually Frontline 2012 (Oslo: FRNT) will need to get a chartering
staff to manage the additional vessel categories (product tankers, LPG tankers). My guess is
some, or all, of the FRO staff will migrate over to this new team.

Hemen Holding Ltd ("Hemen") is one of several trust entities that Fredriksen uses to make
investments. There's Hemen, Farahead, World Shipholding Ltd, and a bunch of others
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